When will I get my payout if the funds withdrawal request has been raised during market hours?

When will I get my payout if the funds withdrawal request has been raised during market hours?

If you raise a withdrawal request during market hours with your 5paisa trading account, here’s what you need to know:

1.      Processing Schedule: Withdrawal requests are processed once daily from Monday to Friday at 3:30 PM.

2.      Same-Day Processing: If you submit your request by 3:30 PM on a weekday, it will be processed on the same day.

3.      Next-Day Processing: If you submit your request after 3:30 PM on a weekday, it will be processed on the next working day.

4.      Fund Transfer Timing: After processing, the funds will be credited to your registered bank account between 6:00 PM and 7:30 PM.

5.      Non-Processing Days: No withdrawal requests are processed on weekends, trading holidays, or clearing holidays.

Example Scenario:

·       If you submit a withdrawal request at 2:00 PM on a Tuesday, it will be processed the same day and the funds will be credited to your bank account between 6:00 PM and 7:30 PM on Tuesday.

·       If you submit a withdrawal request at 4:00 PM on a Tuesday, it will be processed the next working day, typically Wednesday, and the funds will be credited between 6:00 PM and 7:30 PM on Wednesday.

Please follow these guidelines to ensure your withdrawal requests are processed in a timely manner.